Image: Target

1. Coronavirus exposes luxury goods to how important China is: The deadly virus and its impact on sales is an unwanted reminder of just how dependent luxury goods brands are on Chinese consumers. – Read More on Business Day 

2. In the DTC era, Target is gunning to be the swimwear leader: According to the retailer and The NPD Group, Target has been the No. 1 men’s and women’s swimwear retailer in the U.S., based on sales, above both mass and specialty retailers, since 2015. The company does not break out swim sales, but it shared in its 2018 annual report that apparel and accessories accounted for 20% of the companies $74.4 billion in sales for the year. – Read More on Glossy

3. Cannabis brands look to fashion PR for luxury treatment: Cannabis companies are hiring luxury fashion veterans and communications firms as they look to market themselves in an attractive way to a desirable audience given that growing industry for legal marijuana in the U.S., which is expected to be worth $29.7 billion by 2025, up from $13.6 billion in 2019. – Read More on Vogue Business

4. The Magical Thinking of “the Goop Lab.” Lowbrow TV with high production values is the most unsettling kind of sponcon—the soulful kind. A disclaimer prefacing each episode reads, “The following series is designed to entertain and inform—not provide medical advice.” – Read More on the New Yorker

5. Fashion has a misinformation problem. That’s bad for the environment: Questionable facts plague the conversation around sustainability and fashion, and that makes the industry harder to regulate. – Read More on Vox